X-Press Feeders inks charter contract with Global Ship Lease

Singapore: X-Press Feeders, formerly known as Sea Consortium, has reached a time charter agreement with Global Ship Lease, under which Global Ship lease will charter 4,113teu containership “Ville d’Orion” to X-Press Feeders.

The chartering period is between six and twelve months at charterer’s option, at a gross charter rate of $8,000 per day.

"We are pleased to have fixed the Ville d'Orion on this charter, extending our commercial relationship with a high-quality carrier in Sea Consortium / X-Press Feeders and ensuring that all of our fleet is now secured on charters. As we are actively pursuing opportunities to utilize our investment capacity to expand our fleet through accretive acquisitions, we also remain focused on increasing our contracted revenue stream, diversifying our charter portfolio, and creating value for our shareholders," commented Ian Webber, chief executive officer of Global Ship Lease. [18/07/14]

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